Among the biggest risers on the S&P 500 on Friday December 06 was Ulta Beauty Inc. ($ULTA), popping some 11.09% to a price of $262.20 a share with some 6.75 million shares trading hands.
Starting the day trading at $256.86, Ulta Beauty Inc. reached an intraday high of $269.89 and hit intraday lows of $254.40. Shares gained $26.18 apiece by day’s end. Over the last 90 days, the stock’s average daily volume has been n/a of its 58.85 million share total float. Today’s action puts the stock’s 50-day SMA at $n/a and 200-day SMA at $n/a with a 52-week range of $222.00 to $368.83.
Ulta Beauty is the largest specialized beauty retailer in the United States with more than 1,200 stores. The firm offers makeup (about 50% of sales), fragrances, skincare and haircare products, and bath and body products. Ulta offers private-label products and merchandise from more than 500 vendors. It also offers salon services, including hair, makeup, skin, and brow services, in all stores. Most Ulta stores are approximately 10,000 square feet and are in suburban strip centers. Ulta was founded in 1990 and is based in Bolingbrook, Illinois.
Ulta Beauty Inc. has its corporate headquarters located in Bolingbrook, IL and employs 44,000 people. Its market cap has now risen to $15.43 billion after today’s trading, its P/E ratio is now n/a, its P/S n/a, P/B 8.39, and P/FCF n/a.
The Dow Jones Industrial Average (DJIA) is the most visible stock index in the United States, but that doesn’t make it the best. In fact, the industry standard for market watchers and institutional investors in gauging portfolio performance is the S&P 500.
The DJIA relies on just 30 stocks as a sample of large- and mega-cap firms, dwarfed by the 500 contained in the S&P 500, and it also weights its returns using an outdated and flawed price-weighting method. The S&P 500’s weighting is based on market cap, making it a much better representation of actual market performance for large- and mega-cap stocks.
